Input credit
This query is : Resolved
08 November 2014
Sir,
I would like to know :
We are importing goods from China and from all over States of India for re-sale. We are registered dealer of Karnataka State.
Whether we can avail input tax credit on all purchases?
Please help
Thanks
Vinod
I would like to know :
We are importing goods from China and from all over States of India for re-sale. We are registered dealer of Karnataka State.
Whether we can avail input tax credit on all purchases?
Please help
Thanks
Vinod
Amol S Joglekar
(Expert)
08 November 2014
VAT input credit is available on all purchases. Import purchase may NOT qualify for input credit.
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